Wider Planet Inc.
Artist Company Inc. engages in developing mobile and web-based advertising service systems and conducting advertising agency business in South Korea and internationally. The company engages in content business division which offers film and drama production and domestic and international sales distribution; commerce business division involving content creation linked commerce; and DSP business di… Read more
Wider Planet Inc. (321820) - Net Assets
Latest net assets as of September 2025: ₩42.64 Billion KRW
Based on the latest financial reports, Wider Planet Inc. (321820) has net assets worth ₩42.64 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩79.76 Billion) and total liabilities (₩37.12 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩42.64 Billion |
| % of Total Assets | 53.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 207.33 |
Wider Planet Inc. - Net Assets Trend (2017–2024)
This chart illustrates how Wider Planet Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wider Planet Inc. (2017–2024)
The table below shows the annual net assets of Wider Planet Inc. from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩23.21 Billion | -18.57% |
| 2023-12-31 | ₩28.51 Billion | +373.32% |
| 2022-12-31 | ₩6.02 Billion | -74.70% |
| 2021-12-31 | ₩23.81 Billion | +1468.41% |
| 2020-12-31 | ₩-1.74 Billion | -171.96% |
| 2019-12-31 | ₩2.42 Billion | +146.89% |
| 2018-12-31 | ₩-5.16 Billion | -28.16% |
| 2017-12-31 | ₩-4.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wider Planet Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4372141329000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩6.68 Billion | 28.79% |
| Other Components | ₩66.30 Billion | 285.63% |
| Total Equity | ₩23.21 Billion | 100.00% |
Wider Planet Inc. Competitors by Market Cap
The table below lists competitors of Wider Planet Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ananda Development Public Company Limited
BK:ANAN
|
$18.46 Million |
|
SOL-GEL TECHN. IS-10
F:4SG
|
$18.46 Million |
|
Ocumetics Technology Corp
OTCQB:OTCFF
|
$18.47 Million |
|
KEBNI AB SER.B
F:KEN
|
$18.47 Million |
|
Heramed Ltd
AU:HMD
|
$18.44 Million |
|
Intrusion Inc
NASDAQ:INTZ
|
$18.44 Million |
|
Yung Zip Chemical Ind Co Ltd
TWO:4102
|
$18.43 Million |
|
I.Kloukinas-I.Lappas S.A
AT:KLM
|
$18.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wider Planet Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,272,789,950 to 23,212,452,510, a change of -5,060,337,440 (-17.9%).
- Net loss of 7,731,099,860 reduced equity.
- Share repurchases of 11,982,000 reduced equity.
- New share issuances of 11,982,000 increased equity.
- Other factors increased equity by 2,670,762,420.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-7.73 Billion | -33.31% |
| Share Repurchases | ₩11.98 Million | -0.05% |
| Share Issuances | ₩11.98 Million | +0.05% |
| Other Changes | ₩2.67 Billion | +11.51% |
| Total Change | ₩- | -17.90% |
Book Value vs Market Value Analysis
This analysis compares Wider Planet Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩-594.85 | ₩3655.00 | x |
| 2018-12-31 | ₩-762.36 | ₩3655.00 | x |
| 2019-12-31 | ₩357.49 | ₩3655.00 | x |
| 2020-12-31 | ₩-257.24 | ₩3655.00 | x |
| 2021-12-31 | ₩3449.61 | ₩3655.00 | x |
| 2022-12-31 | ₩871.77 | ₩3655.00 | x |
| 2023-12-31 | ₩2196.16 | ₩3655.00 | x |
| 2024-12-31 | ₩1736.57 | ₩3655.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wider Planet Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -33.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.36%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.27x
- Recent ROE (-33.31%) is above the historical average (-59.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -6.47% | 2.31x | 0.00x | ₩-1.69 Billion |
| 2018 | 0.00% | -3.54% | 2.81x | 0.00x | ₩-681.71 Million |
| 2019 | -103.79% | -7.19% | 2.86x | 5.05x | ₩-2.75 Billion |
| 2020 | 0.00% | -14.07% | 3.89x | 0.00x | ₩-3.91 Billion |
| 2021 | -31.38% | -21.09% | 0.57x | 2.61x | ₩-9.85 Billion |
| 2022 | -290.96% | -49.00% | 0.73x | 8.13x | ₩-18.13 Billion |
| 2023 | -17.68% | -23.49% | 0.35x | 2.17x | ₩-7.82 Billion |
| 2024 | -33.31% | -36.36% | 0.40x | 2.27x | ₩-10.05 Billion |
Industry Comparison
This section compares Wider Planet Inc.'s net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $169,150,389,563
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wider Planet Inc. (321820) | ₩42.64 Billion | 0.00% | 0.87x | $18.44 Million |
| Oricom Inc (010470) | $82.87 Billion | 7.16% | 1.36x | $15.45 Million |
| Cheil Worldwide (030000) | $202.77 Billion | 16.75% | 1.71x | $972.25 Million |
| GIIR Inc (035000) | $105.30 Billion | 7.16% | 2.48x | $32.62 Million |
| Yg Plus Inc (037270) | $145.72 Billion | 15.05% | 0.53x | $152.26 Million |
| Nasmedia Co. Ltd (089600) | $141.52 Billion | 14.57% | 1.52x | $36.32 Million |
| Macromill Embrain Co. Ltd (169330) | $30.59 Billion | 12.29% | 0.38x | $7.38 Million |
| Innocean Worldwide Inc (214320) | $741.85 Billion | 10.36% | 1.35x | $334.61 Million |
| Incross Co. Ltd (216050) | $120.02 Billion | 8.11% | 1.36x | $35.33 Million |
| Echomarketing Co.Ltd (230360) | $86.71 Billion | 17.72% | 0.35x | $25.16 Million |
| PlayD Co. Ltd (237820) | $34.16 Billion | 17.68% | 1.63x | $39.51 Million |